Jump to content

Mirror Trading


Recommended Posts

  • 4 weeks later...
On 26/04/2023 at 10:50, TT61 said:

Does IG offer something like mirror or copy trading?

Hi @TT61,

With IG, this can be done through two options: Our Signal services on the IG web platform or via MT4. In order to initiate copy trading on the IG platform, please follow the steps provided below:

-Create a new IG account or log in to your existing one.
-Conduct some initial market research to gather relevant information.
-Locate the social trading board, which can be found in the bottom-left corner of the platform, labeled as "Signals."
-Within the IG trading platform, copy the trades that align with your strategy and open a position. Remember to set stops and limits to effectively manage your risk.
-Continuously monitor your position and close it when necessary.

If you choose to utilize MT4, you can subscribe to Signals and proceed with copying trades.

However, before proceeding with copy trading, we kindly request you to familiarize yourself with how it works, as well as the advantages and disadvantages associated with it.

All the best,
AshishIG

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      22,102
    • Total Posts
      92,962
    • Total Members
      42,484
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    KeithM
    Joined 02/06/23 08:49
  • Posts

    • Early Morning Call: all eyes on NFP report after US debt ceiling bill passed The market expects 190,000 job creations for the month of May.  Jeremy Naylor | Analyst, London | Publication date: Friday 02 June 2023 09:07 NFPs As the US debt ceiling bill passed the Senate overnight, investors and traders now await the US job report. The market expects 190,000 job creations for the month of May. The unemployment rate is seen rising one notch to 3.5%. Yesterday's private payrolls number largely beat forecasts, showing 278,000 jobs opened in May. Forecasts had been for 170,000. Earnings Broadcom released better-than-forecast earnings yesterday evening. Adjusted earnings per share (EPS) came in at $10.32 per share, 20 cents higher than expectations. Revenue was also marginally higher than expectations, up 8% to $8.73 billion. Shares however fell 2% in after-hours trading. It seems that investors were somehow disappointed by the chipmaker's forecasts, even though it sees third quarter (Q3) revenue of about $8.85 billion, higher than the $8.72Bln expected by analysts. These expectations come a week after NVIDIA said it expected revenue for the current quarter more than 50% above Wall Street estimates. As is the case for NVIDIA, artificial intelligence (AI) is rapidly becoming an important part of Broadcom's business, and now represents about 15% of its semiconductor business, up from 10% in 2022. Broadcom's CEO believes it will account for more than 25% of the company's semiconductor revenue in 2024. After-hours trading was also choppy for Dell. Shares fell 2% after the bell, reversing gains of 5%. The stock was even briefly halted during regular trading hours when the company announced results earlier than scheduled, which smashed Wall Street's estimates for its fiscal second quarter (Q2) earnings. It published an adjusted $1.31 a share on sales of $20.90 billion in the quarter, versus analysts expectations of earnings of 86 cents a share on sales of $20.30 billion. However, this meant that year-over-year (YoY) Dell earnings dropped 29% on a 20% drop in sales. Dell's Infrastructure Solutions Group, the unit that sells servers, storage and networking gear, reported an 18% drop in sales to $7.6 billion. Meanwhile, the company's Client Solutions Group, the division which sells desktop and notebook PCs, posted a 23% drop in sales to $12 billion. With demand slumping, PC makers now face a pile-up in inventory amid an uncertain economic outlook. Commodities There's yet more evidence that crude oil continues to build. US crude oil stockpiles rose unexpectedly last week by 4.5 million barrels. Analysts in a Reuters poll foresaw a 1.4-million-barrel drop. Gasoline stocks fell by 200,000 barrels, distillate stockpiles rose by nearly 1 million barrels in the week. Last Friday, Baker Hughes total rig count fell by nine to 711. The number of oil rigs in operation fell to 570 from 575. OPEC+ ministers meet this weekend, and so far, four sources told Reuters that the alliance was unlikely to deepen supply cuts. In a surprise announcement last April, OPEC+ brought total output cuts to 3.66 million barrels per day, or about 4% of global consumption. This sent Brent about $9 higher to above $87 over the days that followed, but Brent has since lost those gains to trade below $73. This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
    • The US debt ceiling deal has cleared the second and last hurdle, with the Senate passing the bill to raise the ceiling. President Biden can now sign it into law, staving off a US default. Stocks in Asia rallied, and futures are pointing higher in Europe and the US. Meanwhile, a much stronger-than-expected ADP private payrolls report led to a sharp rise in the probability of another rate hike being seen in June, despite the US ISM manufacturing  prices paid index coming in lower-than-expected which is supportive of a Fed pause. Softer Eurozone headline and core inflation have seen ECB tightening expectations drop. All eyes are now on today's US Non-Farm Payrolls and hourly earnings data, out at 1.30pm.  
    • Good Morning, Please could the [LOUP] Innovator Deepwater Frontier Tech ETF be listed and made available for the ISA tax wrapper, pretty please? Many thanks, Sam
×
×
  • Create New...